497

Prudential Investment Portfolios 3

655 Broad Street, 17^th Floor

Newark, New Jersey 07102

July 2, 2018

VIA EDGAR

U.S. Securities and Exchange Commission

450 Fifth Street, N.W.

Washington, D.C. 20549

Re: 497 Filing for PGIM Jennison Focused Growth Fund

Registration numbers 333-95849 and 811-09805

Dear Sir or Madam:

We are filing today via EDGAR an exhibit under Rule 497 containing interactive data format risk/return summary information. The exhibit mirrors the risk/return summary information in a supplement, dated June 22, 2018 (SEC accession number 0000067590-18-001083), to the Prospectus, dated April 26, 2018 (as reissued June 11, 2018). The purpose of the filing is to submit the 497 filing dated June 22, 2018 in XBRL for the Fund.

Thank you for your attention to this filing. Please direct any questions regarding this filing to the undersigned at (973) 802-6469.

Sincerely,

/s/ Jonathan D. Shain

Jonathan D. Shain

Assistant Secretary

XML

Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Document Type	dei_DocumentType	497
Document Period End Date	dei_DocumentPeriodEndDate	Feb. 28, 2018
Registrant Name	dei_EntityRegistrantName	PRUDENTIAL INVESTMENT PORTFOLIOS 3
Central Index Key	dei_EntityCentralIndexKey	0001104631
Amendment Flag	dei_AmendmentFlag	false
Document Creation Date	dei_DocumentCreationDate	Jun. 22, 2018
Document Effective Date	dei_DocumentEffectiveDate	Jun. 22, 2018
Prospectus Date	rr_ProspectusDate	Apr. 26, 2018

XML

Apr. 26, 2018

Prudential Investment Portfolios 3
PGIM Jennison Focused Growth Fund
Supplement dated June 22, 2018 to the Currently Effective Summary Prospectus and Prospectus

Effective as of July 1, 2018, the Fund’s existing contractual cap on Fund expenses will be lowered and the management fee will be reduced. To reflect these changes, the Fund’s Summary Prospectus and Prospectus is hereby revised as follows, effective as of July 1, 2018:

1. In the Summary Prospectus and Prospectus, in the section entitled Fund Summary—Fund Fees and Expenses, the Annual Fund Operating Expenses table is deleted and replaced with the following new table:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
	Class A	Class B	Class C	Class Z	Class R6(1)
Management fees	0.67%	0.67%	0.67%	0.67%	0.67%
+ Distribution and service (12b-1) fees	0.30	1.00	1.00	None	None
+ Other expenses(2)	0.21	0.47	0.18	0.12	0.29
= Total annual Fund operating expenses	1.18	2.14	1.85	0.79	0.96
– Fee waiver and/or expense reimbursement	(0.09)	(0.15)	(0.04)	(0.04)	(0.29)
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement(3)(4)	1.09%	1.99%	1.81%	0.75%	0.67%

(1) Formerly known as Class Q.

(2) Expense information in the table has been restated to reflect current fees.

(3) PGIM Investments LLC (PGIM Investments) has contractually agreed, through June 30, 2020, to limit Total Annual Fund Operating Expenses after fee waivers and/or expense reimbursements to 1.99% of average daily net assets for Class B shares, 0.75% of average daily net assets for Class Z shares, and 0.67% of average daily net assets for Class R6 shares. This contractual waiver excludes interest, brokerage, taxes (such as income and foreign withholding taxes, stamp duty and deferred tax expenses), acquired fund fees and expenses, extraordinary expenses, and certain other Fund expenses such as dividend and interest expense and broker charges on short sales. Where applicable, PGIM Investments agrees to waive management fees or shared operating expenses on any share class to the same extent that it waives similar expenses on any other share class.  In addition, Total Annual Fund Operating Expenses for Class R6 shares will not exceed Total Annual Fund Operating Expenses for Class Z shares. Fees and/or expenses waived and/or reimbursed by PGIM Investments may be recouped by PGIM Investments within the same fiscal year during which such waiver and/or reimbursement is made if such recoupment can be realized without exceeding the expense limit in effect at the time of the recoupment for that fiscal year. This waiver may not be terminated prior to June 30, 2020 without the prior approval of the Fund’s Board of Trustees.

(4) The distributor has contractually agreed until June 30, 2019 to reduce its distribution and service (12b-1) fees for Class A shares to 0.25% of the average daily net assets of the Class A shares. This waiver may not be terminated prior to June 30, 2019 without prior approval of the Fund’s Board of Trustees.

2. In the Summary Prospectus and Prospectus, in the section entitled Fund Summary—Fund Fees and Expenses, the Example is deleted and replaced with the following new table:

	If Shares Are Redeemed				If Shares Are Not Redeemed
Share Class	1 Year	3 Years	5 Years	10 Years	1 Year	3 Years	5 Years	10 Years
Class A	$655	$887	$1,146	$1,888	$655	$887	$1,146	$1,888
Class B	702	940	1,221	2,087	202	640	1,121	2,087
Class C	284	574	993	2,162	184	574	993	2,162
Class Z	77	244	431	970	77	244	431	970
Class R6	68	246	473	1,124	68	246	473	1,124

XML

Label

Element

Value

Risk/Return:

rr_RiskReturnAbstract

Registrant Name

dei_EntityRegistrantName

PRUDENTIAL INVESTMENT PORTFOLIOS 3

Prospectus Date

rr_ProspectusDate

Apr. 26, 2018

Supplement [Text Block]

pip31_SupplementTextBlock

Prudential Investment Portfolios 3
PGIM Jennison Focused Growth Fund
Supplement dated June 22, 2018 to the Currently Effective Summary Prospectus and Prospectus

Effective as of July 1, 2018, the Fund’s existing contractual cap on Fund expenses will be lowered and the management fee will be reduced. To reflect these changes, the Fund’s Summary Prospectus and Prospectus is hereby revised as follows, effective as of July 1, 2018:

1. In the Summary Prospectus and Prospectus, in the section entitled Fund Summary—Fund Fees and Expenses, the Annual Fund Operating Expenses table is deleted and replaced with the following new table:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
	Class A	Class B	Class C	Class Z	Class R6(1)
Management fees	0.67%	0.67%	0.67%	0.67%	0.67%
+ Distribution and service (12b-1) fees	0.30	1.00	1.00	None	None
+ Other expenses(2)	0.21	0.47	0.18	0.12	0.29
= Total annual Fund operating expenses	1.18	2.14	1.85	0.79	0.96
– Fee waiver and/or expense reimbursement	(0.09)	(0.15)	(0.04)	(0.04)	(0.29)
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement(3)(4)	1.09%	1.99%	1.81%	0.75%	0.67%

(1) Formerly known as Class Q.

(2) Expense information in the table has been restated to reflect current fees.

(3) PGIM Investments LLC (PGIM Investments) has contractually agreed, through June 30, 2020, to limit Total Annual Fund Operating Expenses after fee waivers and/or expense reimbursements to 1.99% of average daily net assets for Class B shares, 0.75% of average daily net assets for Class Z shares, and 0.67% of average daily net assets for Class R6 shares. This contractual waiver excludes interest, brokerage, taxes (such as income and foreign withholding taxes, stamp duty and deferred tax expenses), acquired fund fees and expenses, extraordinary expenses, and certain other Fund expenses such as dividend and interest expense and broker charges on short sales. Where applicable, PGIM Investments agrees to waive management fees or shared operating expenses on any share class to the same extent that it waives similar expenses on any other share class.  In addition, Total Annual Fund Operating Expenses for Class R6 shares will not exceed Total Annual Fund Operating Expenses for Class Z shares. Fees and/or expenses waived and/or reimbursed by PGIM Investments may be recouped by PGIM Investments within the same fiscal year during which such waiver and/or reimbursement is made if such recoupment can be realized without exceeding the expense limit in effect at the time of the recoupment for that fiscal year. This waiver may not be terminated prior to June 30, 2020 without the prior approval of the Fund’s Board of Trustees.

(4) The distributor has contractually agreed until June 30, 2019 to reduce its distribution and service (12b-1) fees for Class A shares to 0.25% of the average daily net assets of the Class A shares. This waiver may not be terminated prior to June 30, 2019 without prior approval of the Fund’s Board of Trustees.

2. In the Summary Prospectus and Prospectus, in the section entitled Fund Summary—Fund Fees and Expenses, the Example is deleted and replaced with the following new table:

	If Shares Are Redeemed				If Shares Are Not Redeemed
Share Class	1 Year	3 Years	5 Years	10 Years	1 Year	3 Years	5 Years	10 Years
Class A	$655	$887	$1,146	$1,888	$655	$887	$1,146	$1,888
Class B	702	940	1,221	2,087	202	640	1,121	2,087
Class C	284	574	993	2,162	184	574	993	2,162
Class Z	77	244	431	970	77	244	431	970
Class R6	68	246	473	1,124	68	246	473	1,124

PGIM JENNISON FOCUSED GROWTH FUND

Risk/Return:

rr_RiskReturnAbstract

Supplement [Text Block]

pip31_SupplementTextBlock

Prudential Investment Portfolios 3
PGIM Jennison Focused Growth Fund
Supplement dated June 22, 2018 to the Currently Effective Summary Prospectus and Prospectus

Effective as of July 1, 2018, the Fund’s existing contractual cap on Fund expenses will be lowered and the management fee will be reduced. To reflect these changes, the Fund’s Summary Prospectus and Prospectus is hereby revised as follows, effective as of July 1, 2018:

1. In the Summary Prospectus and Prospectus, in the section entitled Fund Summary—Fund Fees and Expenses, the Annual Fund Operating Expenses table is deleted and replaced with the following new table:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
	Class A	Class B	Class C	Class Z	Class R6(1)
Management fees	0.67%	0.67%	0.67%	0.67%	0.67%
+ Distribution and service (12b-1) fees	0.30	1.00	1.00	None	None
+ Other expenses(2)	0.21	0.47	0.18	0.12	0.29
= Total annual Fund operating expenses	1.18	2.14	1.85	0.79	0.96
– Fee waiver and/or expense reimbursement	(0.09)	(0.15)	(0.04)	(0.04)	(0.29)
= Total annual Fund operating expenses after fee waiver and/or expense reimbursement(3)(4)	1.09%	1.99%	1.81%	0.75%	0.67%

(1) Formerly known as Class Q.

(2) Expense information in the table has been restated to reflect current fees.

(3) PGIM Investments LLC (PGIM Investments) has contractually agreed, through June 30, 2020, to limit Total Annual Fund Operating Expenses after fee waivers and/or expense reimbursements to 1.99% of average daily net assets for Class B shares, 0.75% of average daily net assets for Class Z shares, and 0.67% of average daily net assets for Class R6 shares. This contractual waiver excludes interest, brokerage, taxes (such as income and foreign withholding taxes, stamp duty and deferred tax expenses), acquired fund fees and expenses, extraordinary expenses, and certain other Fund expenses such as dividend and interest expense and broker charges on short sales. Where applicable, PGIM Investments agrees to waive management fees or shared operating expenses on any share class to the same extent that it waives similar expenses on any other share class.  In addition, Total Annual Fund Operating Expenses for Class R6 shares will not exceed Total Annual Fund Operating Expenses for Class Z shares. Fees and/or expenses waived and/or reimbursed by PGIM Investments may be recouped by PGIM Investments within the same fiscal year during which such waiver and/or reimbursement is made if such recoupment can be realized without exceeding the expense limit in effect at the time of the recoupment for that fiscal year. This waiver may not be terminated prior to June 30, 2020 without the prior approval of the Fund’s Board of Trustees.

(4) The distributor has contractually agreed until June 30, 2019 to reduce its distribution and service (12b-1) fees for Class A shares to 0.25% of the average daily net assets of the Class A shares. This waiver may not be terminated prior to June 30, 2019 without prior approval of the Fund’s Board of Trustees.

2. In the Summary Prospectus and Prospectus, in the section entitled Fund Summary—Fund Fees and Expenses, the Example is deleted and replaced with the following new table:

	If Shares Are Redeemed				If Shares Are Not Redeemed
Share Class	1 Year	3 Years	5 Years	10 Years	1 Year	3 Years	5 Years	10 Years
Class A	$655	$887	$1,146	$1,888	$655	$887	$1,146	$1,888
Class B	702	940	1,221	2,087	202	640	1,121	2,087
Class C	284	574	993	2,162	184	574	993	2,162
Class Z	77	244	431	970	77	244	431	970
Class R6	68	246	473	1,124	68	246	473	1,124

Operating Expenses Caption [Text]

rr_OperatingExpensesCaption

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

Fee Waiver or Reimbursement over Assets, Date of Termination

rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination

June 30, 2020

June 30, 2019

Expenses Restated to Reflect Current [Text]

rr_ExpensesRestatedToReflectCurrent

Expense information in the table has been restated to reflect current fees.

Expense Example by, Year, Caption [Text]

rr_ExpenseExampleByYearCaption

If Shares Are Redeemed

Expense Example, No Redemption, By Year, Caption [Text]

rr_ExpenseExampleNoRedemptionByYearCaption

If Shares Are Not Redeemed

PGIM JENNISON FOCUSED GROWTH FUND | Class A

Risk/Return:

rr_RiskReturnAbstract

Management fees

rr_ManagementFeesOverAssets

0.67%

+ Distribution and service (12b-1) fees

rr_DistributionAndService12b1FeesOverAssets

0.30%

+ Other expenses

rr_OtherExpensesOverAssets

0.21%

^[1]

= Total annual Fund operating expenses

rr_ExpensesOverAssets

1.18%

– Fee waiver and/or expense reimbursement

rr_FeeWaiverOrReimbursementOverAssets

(0.09%)

= Total annual Fund operating expenses after fee waiver and/or expense reimbursement

rr_NetExpensesOverAssets

1.09%

^[2],[3]

1 Year

rr_ExpenseExampleYear01

$ 655

3 Years

rr_ExpenseExampleYear03

887

5 Years

rr_ExpenseExampleYear05

1,146

10 Years

rr_ExpenseExampleYear10

1,888

1 Year

rr_ExpenseExampleNoRedemptionYear01

655

3 Years

rr_ExpenseExampleNoRedemptionYear03

887

5 Years

rr_ExpenseExampleNoRedemptionYear05

1,146

10 Years

rr_ExpenseExampleNoRedemptionYear10

$ 1,888

PGIM JENNISON FOCUSED GROWTH FUND | Class B

Risk/Return:

rr_RiskReturnAbstract

Management fees

rr_ManagementFeesOverAssets

0.67%

+ Distribution and service (12b-1) fees

rr_DistributionAndService12b1FeesOverAssets

1.00%

+ Other expenses

rr_OtherExpensesOverAssets

0.47%

^[1]

= Total annual Fund operating expenses

rr_ExpensesOverAssets

2.14%

– Fee waiver and/or expense reimbursement

rr_FeeWaiverOrReimbursementOverAssets

(0.15%)

= Total annual Fund operating expenses after fee waiver and/or expense reimbursement

rr_NetExpensesOverAssets

1.99%

^[2],[3]

1 Year

rr_ExpenseExampleYear01

$ 702

3 Years

rr_ExpenseExampleYear03

940

5 Years

rr_ExpenseExampleYear05

1,221

10 Years

rr_ExpenseExampleYear10

2,087

1 Year

rr_ExpenseExampleNoRedemptionYear01

202

3 Years

rr_ExpenseExampleNoRedemptionYear03

640

5 Years

rr_ExpenseExampleNoRedemptionYear05

1,121

10 Years

rr_ExpenseExampleNoRedemptionYear10

$ 2,087

PGIM JENNISON FOCUSED GROWTH FUND | Class C

Risk/Return:

rr_RiskReturnAbstract

Management fees

rr_ManagementFeesOverAssets

0.67%

+ Distribution and service (12b-1) fees

rr_DistributionAndService12b1FeesOverAssets

1.00%

+ Other expenses

rr_OtherExpensesOverAssets

0.18%

^[1]

= Total annual Fund operating expenses

rr_ExpensesOverAssets

1.85%

– Fee waiver and/or expense reimbursement

rr_FeeWaiverOrReimbursementOverAssets

(0.04%)

= Total annual Fund operating expenses after fee waiver and/or expense reimbursement

rr_NetExpensesOverAssets

1.81%

^[2],[3]

1 Year

rr_ExpenseExampleYear01

$ 284

3 Years

rr_ExpenseExampleYear03

574

5 Years

rr_ExpenseExampleYear05

993

10 Years

rr_ExpenseExampleYear10

2,162

1 Year

rr_ExpenseExampleNoRedemptionYear01

184

3 Years

rr_ExpenseExampleNoRedemptionYear03

574

5 Years

rr_ExpenseExampleNoRedemptionYear05

993

10 Years

rr_ExpenseExampleNoRedemptionYear10

$ 2,162

PGIM JENNISON FOCUSED GROWTH FUND | Class Z

Risk/Return:

rr_RiskReturnAbstract

Management fees

rr_ManagementFeesOverAssets

0.67%

+ Distribution and service (12b-1) fees

rr_DistributionAndService12b1FeesOverAssets

none

+ Other expenses

rr_OtherExpensesOverAssets

0.12%

^[1]

= Total annual Fund operating expenses

rr_ExpensesOverAssets

0.79%

– Fee waiver and/or expense reimbursement

rr_FeeWaiverOrReimbursementOverAssets

(0.04%)

= Total annual Fund operating expenses after fee waiver and/or expense reimbursement

rr_NetExpensesOverAssets

0.75%

^[2],[3]

1 Year

rr_ExpenseExampleYear01

$ 77

3 Years

rr_ExpenseExampleYear03

244

5 Years

rr_ExpenseExampleYear05

431

10 Years

rr_ExpenseExampleYear10

970

1 Year

rr_ExpenseExampleNoRedemptionYear01

77

3 Years

rr_ExpenseExampleNoRedemptionYear03

244

5 Years

rr_ExpenseExampleNoRedemptionYear05

431

10 Years

rr_ExpenseExampleNoRedemptionYear10

$ 970

PGIM JENNISON FOCUSED GROWTH FUND | Class R6

Risk/Return:

rr_RiskReturnAbstract

Management fees

rr_ManagementFeesOverAssets

0.67%

^[4]

+ Distribution and service (12b-1) fees

rr_DistributionAndService12b1FeesOverAssets

none

^[4]

+ Other expenses

rr_OtherExpensesOverAssets

0.29%

^[1],[4]

= Total annual Fund operating expenses

rr_ExpensesOverAssets

0.96%

^[4]

– Fee waiver and/or expense reimbursement

rr_FeeWaiverOrReimbursementOverAssets

(0.29%)

^[4]

= Total annual Fund operating expenses after fee waiver and/or expense reimbursement

rr_NetExpensesOverAssets

0.67%

^[2],[3],[4]

1 Year

rr_ExpenseExampleYear01

$ 68

3 Years

rr_ExpenseExampleYear03

246

5 Years

rr_ExpenseExampleYear05

473

10 Years

rr_ExpenseExampleYear10

1,124

1 Year

rr_ExpenseExampleNoRedemptionYear01

68

3 Years

rr_ExpenseExampleNoRedemptionYear03

246

5 Years

rr_ExpenseExampleNoRedemptionYear05

473

10 Years

rr_ExpenseExampleNoRedemptionYear10

$ 1,124

[1] Expense information in the table has been restated to reflect current fees.

[2] PGIM Investments LLC (PGIM Investments) has contractually agreed, through June 30, 2020, to limit Total Annual Fund Operating Expenses after fee waivers and/or expense reimbursements to 1.99% of average daily net assets for Class B shares, 0.75% of average daily net assets for Class Z shares, and 0.67% of average daily net assets for Class R6 shares. This contractual waiver excludes interest, brokerage, taxes (such as income and foreign withholding taxes, stamp duty and deferred tax expenses), acquired fund fees and expenses, extraordinary expenses, and certain other Fund expenses such as dividend and interest expense and broker charges on short sales. Where applicable, PGIM Investments agrees to waive management fees or shared operating expenses on any share class to the same extent that it waives similar expenses on any other share class. In addition, Total Annual Fund Operating Expenses for Class R6 shares will not exceed Total Annual Fund Operating Expenses for Class Z shares. Fees and/or expenses waived and/or reimbursed by PGIM Investments may be recouped by PGIM Investments within the same fiscal year during which such waiver and/or reimbursement is made if such recoupment can be realized without exceeding the expense limit in effect at the time of the recoupment for that fiscal year. This waiver may not be terminated prior to June 30, 2020 without the prior approval of the Fund’s Board of Trustees.

[3] The distributor has contractually agreed until June 30, 2019 to reduce its distribution and service (12b-1) fees for Class A shares to 0.25% of the average daily net assets of the Class A shares. This waiver may not be terminated prior to June 30, 2019 without prior approval of the Fund’s Board of Trustees.

[4] Formerly known as Class Q.

XML

Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Registrant Name	dei_EntityRegistrantName	PRUDENTIAL INVESTMENT PORTFOLIOS 3
Prospectus Date	rr_ProspectusDate	Apr. 26, 2018
Document Creation Date	dei_DocumentCreationDate	Jun. 22, 2018